Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[FrodoBagHolder]

Sitting right at 10k... feels like 4K did in March

[Globb0]

Ahead of my time

Oh shit 80s hair forming

Moderate barting. Doesn't feel like ATH times at the moment.

Didn't know there was a word for that behavior, thanks for expanding my vocab.
https://cryptocurrencyfacts.com/2018/04/16/the-bart-crypto-pattern/

I wouldn't be surprised if the bart pattern originated on this very thread, or was at least picked up early by someone here.  It is supposed to have first been seen in mid-2018, and it feels it's been on here about as long.

There have been daft patterns painted on charts here since the days of MagicMexican's 'Dyno TA' paintings, for those here with long memories...

[makrospex]

I honestly think it's just a call back to the old school advertisements that this is referencing, not exactly some clarification.

My interpretation is that by "asking for bitcoin when you buy", you (as a BTC holder) are responsible for spreading the word. So when enough people are "asking for bitcoin when they buy" it's not for the purpose of spending bitcoins, but to generate interest in bitcoin in the sellers mind. ("what's that bitcoin everybody asks for lately? I'll google it, maybe it's of some use...")

[jbreher]

555 means something! If you can't count 555 can

And you can count on that. Time after time.

[akram143]

Sitting right at 10k... feels like 4K did in March

Just only for few hours so no conclusion about the price stabilization now.

Bulls are tired so need rest right?

[LFC_Bitcoin]

Sitting right at 10k... feels like 4K did in March

Just only for few hours so no conclusion about the price stabilization now.

Bulls are tired so need rest right?

We’ve been trading in the $9,000 - $11,500 range for a little while now buddy. It could quite easily be the bew somewhat boring, stable range for a few months before the next leg up (hopefully).

[JayJuanGee]

https://mobile.twitter.com/UglyOldGoat1/status/1154169121069658112?s=20

Tyler, hyperwave... is gone.

I didn't like his opinions lately but I still feel bad. R.I.P.

Thank you for the information I was not aware of that.  
Sad news  

I looked around to try to figure out how old Tyler Jenks was, but I could not find anything.  Also, as far as I can see, his cause of death has not been described anywhere either.

I am thinking maybe early seventies, but I am not sure.  So, yeah, we were just getting used to picking on his hyperwave theory (a kind of down before up), so it would have been nice to be able to continue such an interaction, including that in recent times, after BTC went above $10k, he started to recommend buying BTC again.. which is a bit weird compared to a strategy that would have been buying at a bit lower price instead of waiting for $1k-ish prices that were likely NOT as likely as he was making them out to be.. him and Tone Vays and a few others were on that train that seemed to had been waiting for more down before buying any BTC but then instead began buying again at a price that was higher than todays price... seems weird to me, but what do I know when it comes to gambling based on "solid" market predictions?

[jbreher]

Events to celebrate:

1. WO page parity
2. 100K BTCUSD
3. WO Post parity
4. Gold Parity (BTC capitalisation equals Gold Capitalisation).

If we are to assume that appreciation in Bitcoin price comes in large part from cannibalization of gold market, you have 3. & 4. reversed.

Early musings:
https://bitcointalk.org/index.php?topic=152944.0

$800K assumes static gold valuation. If bitcoin purchases are funded by gold sales, the napkinback figures say $400K crossover.

[jbreher]

...and we were doing so well...

[LFC_Bitcoin]

@Rhythmtrader
Nine pages written anonymously.

The largest supercomputer in the world.

An immutable record that has never gone offline.

Tens of millions of users choosing a bank with no CEO, office, PR or marketing to store their wealth.

Bitcoin makes Wall Street look like vaporware. 🔥

[JayJuanGee]

Gold in World of Warcraft is seven times more expensive than Venezuelan money. Fiat money = bubble and pyramid!

Does your point have any connection with bitcoin? 

[jbreher]

.... zooming the pic 400% 

I don't know why I always seem to see an ironic pun regarding your username in your posts.

[El duderino_]

sorry changing HAT for a few hours..... GOOD REASONs

Observing again 4 digits.
Hope change in HAT is for a good reason, because mkt didn't like that!

Very good reasons I started the NEW session of our poker.... the rule this time is 12 session of playing Then payment ....

XhomerX Made a pokerHAT for when I play

First of 12 went very good luck was on my side in a few spots

Then I left my friends place drive from him to Amsterdam to meet with a few forum members, almost there

[Phil_S]

Nov 2001?

We have a winner! Congrats!

Exact date Nov 18, 2001.

Thanks to you,
Now I know everything about that particular NY location, Win XP Launch, BroadWay Legends...

Phil_S :The picture was taken early afternoon, maybe at 3:00 PM or so...

EXIF says 3:38 PM, so... pretty good!

[fillippone]

Events to celebrate:

1. WO page parity
2. 100K BTCUSD
3. WO Post parity
4. Gold Parity (BTC capitalisation equals Gold Capitalisation).

If we are to assume that appreciation in Bitcoin price comes in large part from cannibalization of gold market, you have 3. & 4. reversed.

Early musings:
https://bitcointalk.org/index.php?topic=152944.0

$800K assumes static gold valuation. If bitcoin purchases are funded by gold sales, the napkinback figures say $400K crossover.

Funny thing, i did the exact same "back of the envelope" calculations years ago, even before joining the forum, but i got quite differnet numbers.
Copying and pasting from vbery old spreasheet:

Circulating Bitcoin   21,000,000
GOLD CAPTIALISATION   7,311,002,497,490.22
http://onlygold.com/Info/All-The-Gold-In-The-World.asp   
   
      
Bitcoin share   50.00%
Equal Share   174,071

So, if Bitcoin Equals Gold to 50% of current Gold Capitalisation, I get the value of a single bitcoin at 175,000 USD.
For Bitcoin to match gold capitalisation it need to get to 350K USD.

All computation made with 21 mios BTC supply (resulting in conservative estimates)

So basically I get half your valuation, with the same method!

[fillippone]

Nov 2001?

We have a winner! Congrats!

Exact date Nov 18, 2001.

Thanks to you,
Now I know everything about that particular NY location, Win XP Launch, BroadWay Legends...

Phil_S :The picture was taken early afternoon, maybe at 3:00 PM or so...

EXIF says 3:38 PM, so... pretty good!

WOW! pretty accurate indeed!
Any guess on how I did that?

[LFC_Bitcoin]

This is my 10,000th post, I have had a blast spending so much time with all of you fuckers. This one is for all of you guys and to 10,000 more post to come and hopefully a majority in this thread! The price right now is back and forth around $10k and hopefully by the time it is 20,000 post the price jumps to more than $20,000. (It was $50 when the first post started)

I’m out of sMerit & my source bank is empty. I owe you +1 for this post though. Great to have you here as always. Congrats on hitting 10k brother.

[Phil_S]

WOW! pretty accurate indeed!
Any guess on how I did that?

something something shadows?

[fillippone]

WOW! pretty accurate indeed!
Any guess on how I did that?

something something shadows?

Exactly: with this website:
https://www.suncalc.org/#/40.7572,-73.9898,19/2001.11.18/15:01/1/3

EDIT: Just realised you have a NASA hat, it must mean something.

[makrospex]

.... zooming the pic 400%

I don't know why I always seem to see an ironic pun regarding your username in your posts.

I don't know either. But really, always?
The origin of the nickname might be far from most possible interpretational imaginations, but stays private for my own security.
I do see the connection between makro, spex and the 400% zoom now, but there was no ironic pun intended  

EDIT: It was dumb to a certain degree that i chose that particular username, to be honest.